The earnings call reflected a generally positive outlook with strong revenue growth driven by the acquisition of rag & bone and robust performance in European and Americas wholesale businesses. However, challenges persist in licensing revenue, Asian market performance, and European retail stores. Improvements in retail productivity and strategic initiatives offer potential growth opportunities.

Company Guidance -

Q3 2026

During the Guess? First Quarter Fiscal 2026 earnings call, the company reported operating results that surpassed expectations across several key financial metrics. The company achieved a 9% growth in U.S. dollar terms, despite a 2.5-point currency headwind. A significant portion of this growth was driven by the acquisition of rag & bone, contributing 9 percentage points to the top line constant currency growth. The core Guess business also added approximately 3 points of constant currency growth, attributed mainly to increased shipments in the European and Americas wholesale operations. In Europe, the wholesale business experienced a mid-teen growth rate, making it the largest contributor to the company's growth. However, the company's licensing revenue experienced a decline, presenting a modest headwind. The company reported a gross margin of 39.9%, which was 200 basis points lower than the previous year, and an adjusted operating loss of $26 million, with an adjusted operating loss margin of 4%. The fiscal year 2026 outlook projects revenue growth between 5.5% and 7.4%, with adjusted operating margins ranging from 4.4% to 5.1%, and adjusted EPS between $1.32 and $1.64.

Revenue Growth Exceeds Expectations

Total company revenues increased by 9% in U.S. dollars and 12% in constant currency, driven by the acquisition of rag & bone and solid performance in European and Americas wholesale businesses.

Successful Integration of Rag & Bone

Rag & bone significantly outperformed expectations with strong wholesale shipments, contributing 9 percentage points to top line constant currency growth.

European Wholesale Business Growth

The European wholesale business posted a mid-teen growth rate, the largest contributor to overall growth, driven by reliable product deliveries.

Improvement in Americas Retail Performance

Americas Retail performance improved, exceeding expectations with a focus on women's apparel, pricing adjustments, and improved conversion rates.

Expansion and New Initiatives

Introduction of a customer loyalty program in Europe led to a 36% revenue increase among loyalty customers. Plans to roll out to additional countries are underway.

Guess? (GES) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GES Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 25, 2025	2026 (Q3)	- / -	0.34	―	―	―
Aug 20, 2025	2026 (Q2)	0.16 / -	0.42	―	―	―
Jun 05, 2025	2026 (Q1)	-0.69 / -0.44	-0.27	-62.96% (-0.17)	―
Apr 03, 2025	2025 (Q4)	1.37 / 1.48	2.01	-26.37% (-0.53)	―
Nov 26, 2024	2025 (Q3)	0.37 / 0.34	0.49	-30.61% (-0.15)	―
Aug 28, 2024	2025 (Q2)	0.43 / 0.42	0.72	-41.67% (-0.30)	―
May 30, 2024	2025 (Q1)	-0.40 / -0.27	-0.07	-285.71% (-0.20)	―
Mar 20, 2024	2024 (Q4)	1.56 / 2.01	1.74	15.52% (+0.27)	―
Nov 21, 2023	2024 (Q3)	0.61 / 0.49	0.44	11.36% (+0.05)	―
Aug 23, 2023	2024 (Q2)	0.40 / 0.72	0.39	84.62% (+0.33)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GES Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 05, 2025	$10.71	$11.73	+9.52%
Apr 03, 2025	$9.48	$10.41	+9.81%
Nov 26, 2024	$16.05	$15.18	-5.42%
Aug 28, 2024	$18.44	$18.70	+1.41%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.